Social Media ROI: the video
Lots of praise and good&relevant facts about social media return on investment:
Lots of praise and good&relevant facts about social media return on investment:
You know it’s getting closer to a years end, when people start forecasting trends for the following year. This time it’s really early. It’s only the beginning of November and the first selection of six trends is already online.
David Armano writes about these 6 trends:
A guy named gary has produced a widget which demonstrates in „real time“ the explosion of the social web. As you can see below, the rate of new content and interaction on the various social sites and applications is enormous! He writes about it:
I quickly built and coded the app based on data culled from a range of social media sources & sites at the end of Sept 2009.
On his site you can see more about his data sources, and you can also grab the source code for the widget.
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I already blogged about the Fiesta Movement social media activity. Now there are some results, published at adrants:
The program — which included a test-drive program — has elicited the interest of about 50,000 potential buyers, 97% of which don’t drive a Ford at present.
In toto, official Fiesta Movement content has drawn 4.3 million YouTube views, 540,000 flickr views and 3 million Twitter impressions.
These are quite remarkable results, indeed!
And all this is achieved with „$0 ad spent and a fraction of marketing costs“. I assume it really does compare well to traditional advertising efforts.
Yet communicating a figure of $0 seems to send out the wrong signal. The total costs (for 100 cars, the website, the staff at Ford, etc.) might be „a fraction“ of what is usually spend, but somehow I can’t imagine this whole campaing having been „cheap“.
„Social Media isn’t a fad, it is a fundamental shift in the way we communicate.“ is one of the main quotes from this clip, which nicely lists a few impressive facts about what’s happening in the social media space.